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Apple's 27% App Store Fee Plan Gets Skeptical Reception by Judge [Yahoo! Finance Canada]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
federal judge questioned an executive about a company-commissioned study showing half that rate would be reasonable. Most Read from Bloomberg US District Judge Yvonne Gonzalez Rogers in Oakland, California, heard a fourth day of testimony to determine whether the iPhone maker is abiding by a 2021 court order in an antitrust case brought by Fortnite-maker Epic Games Inc., which included allowing app developers to link to payment options not controlled by Apple. ADVERTISEMENT Carson Oliver, senior director for business management for the App Store, testified Friday that Apple hired economic consulting firm Analysis Group Inc. to help create a new commission rate for purchases. But Rogers repeatedly chastised Oliver for statements about how Apple decided it would charge developers 27% for purchases of digital goods or services made outside its App Store, given that the lowest end of the range in the Analysis Group study is 12.3%. “How did you justify the other 15% you are cha
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